We know that, Amount in Compound interest is given by :

Given : Principal = $2000
Given : Annual yield is 5% and the interest is compounded quarterly
It means : Interest is compounded 4 times in a year


Substituting all the values in the formula, we get :







Answer: 2%
Step-by-step explanation:
1600/80000. Simplifying by 100:
16/800. Simplifying by 8, comes to:
2/100 = 2%
I am not sure on how to do this however here is a link with information thst will be able to help you around this subject.i hope this helps
https://www.bbc.com/bitesize/guides/z8k887h/revision/1
Answer:
B im pretty sure
Step-by-step explanation: